


According to TechFlame, August 21, according to monitoring by the on-chain analytics platform Lookonchain (@lookonchain), early Bitcoin investors (OG) are shifting from leveraged bulls to spot buying Ethereum. The investor holds $1.69 billion worth of Bitcoin. Recently, it first sold $76 million in Bitcoin and opened a long position in Ethereum of $295 million, then deposited $114 million in Bitcoin over the past 6 hours to buy $85 million
in spot Ethereum (about 19,794 ETH).